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KKR gets money together for Safeway bid

Kohlberg Kravis Roberts is reported to be in the advanced stages of putting together the money for its bid for Safeway.

But the US buyout specialist could be disadvantaged because its bid would be scrutinised by European competition regulators in Brussels rather than the Office of Fair Trading in Britain.

References: The Times 14/02/03 page 29, The Independent 14/02/03 page 21

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